If you own an S-corporation, there's a good chance you're paying business costs out of your own pocket every month without even thinking about it. The client lunch on your personal card. The 40-minute drive to a job site in your own car. The corner of your house where you actually run the business. Add it up and it's real money — often several hundred dollars a month. Here's the problem: if you never get paid back, that deduction is simply lost. Unreimbursed employee expenses

S‑Corp election can save Indiana business owners real money, but only in the right income range. Benefits typically start around $80K of net profit and become critical above the 2026 QBI phase‑in thresholds. Below $60K, costs often outweigh savings. This guide explains the Indiana‑specific math and when not to elect.